SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13G
Terreno Realty Corporation
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of Class of Securities)
88146M101
(CUSIP Number)
January 10, 2012
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 13 Pages)
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*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 31 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 88146M101 13G Page 2 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Realty Partners, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
531,965
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
531,965
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
531,965
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(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
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(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
4.0%
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(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 88146M101 13G Page 3 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Trading Vehicle, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
163,847
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
163,847
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
163,847
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(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.2%
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(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 88146M101 13G Page 4 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Capital Advisors, LLC
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
695,812
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
695,812
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
695,812
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
5.2%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
OO
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CUSIP No. 88146M101 13G Page 5 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
V3 Capital Management, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
-----------------------------------------------------------------------
(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
695,812
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
695,812
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
695,812
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
5.2%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
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CUSIP No. 88146M101 13G Page 6 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
Charles Fitzgerald
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
695,812
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
695,812
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
695,812
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
5.2%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
IN
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CUSIP No. 88146M101 13G Page 7 of 13 Pages
Item 1(a). Name of Issuer:
The name of the issuer is Terreno Realty Corporation (the "Company").
Item 1(b). Address of Issuer's Principal Executive Offices:
16 Maiden Lane, Fifth Floor
San Francisco, CA 94108
Item 2(a). Name of Person Filing:
This statement is filed by:
(i) V3 Realty Partners, L.P., a Delaware limited partnership
("V3RP"), with respect to shares of Common Stock (as defined in item 2(d)
below) directly owned by it;
(ii) V3 Trading Vehicle, L.P. a Cayman Islands exempted
limited partnership ("V3TV" and together with V3RP, the "Partnerships")
with respect to shares of Common Stock directly owned by it (and V3
Realty Partners Offshore Fund, Ltd., a Cayman Islands exempted company
invests through V3TV (the "fund"))
(iii) V3 Capital Advisors, LLC, a Delaware limited liability
company (the "General Partner") which serves as the general partner
of the Partnerships with respect to shares of Common Stock directly
owned by each of the Partnerships;
(iv) V3 Capital Management, L.P., a Delaware limited partnership
(the "Investment Manager") which serves as the investment manager to the
Partnerships and the fund with respect to shares of Common Stock directly
owned by each of the Partnerships and the fund through its investment
in V3TV;
(v) Mr. Charles Fitzgerald ("Mr. Fitzgerald") who serves
as the managing member of the General Partner and managing member
of the general partner of the Investment Manager with respect to shares of
Common Stock directly owned by the Partnerships.
The Partnerships, the General Partner, the Investment Manager, and Mr.
Fitzgerald are hereinafter sometimes collectively referred to as the
"Reporting Persons."
The filing of this statement should not be construed as an admission that
any of the Reporting Persons is, for the purposes of Section 13 of the Act,
the beneficial owner of the Common Stock reported herein.
CUSIP No. 88146M101 13G Page 8 of 13 Pages
Item 2(b). Address of Principal Business Office or, if None, Residence:
The address of the business office of each of the Reporting Persons is
535 Madison Avenue New York, NY 10022.
Item 2(c) Citizenship:
V3 Realty Partners, L.P., the Managing Member, the General Partner, and
the Investment Manager are each organized under the laws of the State of
Delaware. V3 Trading Vehicle, L.P. is organized under the exempted limited
partnership laws of the Cayman Islands. Mr. Fitzgerald is a citizen of the
United States of America.
Item 2(d). Title of Class of Securities:
Common Stock, $.01 Par Value (the "Common Stock")
Item 2(e). CUSIP Number:
88146M101
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b) or(c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the
Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940,
(e) [ ] Investment Adviser in accordance with Rule
13d-1(b)(1)(ii)(E),
(f) [ ] Employee Benefit Plan or Endowment Fund in accordance
with Rule 13d-1(b)(1)(ii)(F),
(g) [ ] Parent Holding Company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G),
(h) [ ] Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act,
(i) [ ] Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940,
(j) [ ] A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J);
(k) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(K).
If this statement is filed pursuant to 13d-1(c), check this box: [X]
CUSIP No. 88146M101 13G Page 9 of 13 Pages
Item 4. Ownership.
The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of
the cover page for each Reporting Person hereto and is incorporated herein
by reference for each such Reporting Person.
The Company's final prospectus supplement filed pursuant to Rule 424 (b)(5)
on January 11, 2012 indicated that the total number of shares of Common
Stock to be outstanding after the closing of the offering described
therein is 13,308,670.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Each of the Partnerships is a private investment partnership, the
sole general partner of which is the General Partner and the investment manager
of which is the Investment Manager. As the sole general partner of each of
the Partnerships, the General Partner has the power to vote and dispose of
the securities owned by each of the Partnerships and, accordingly, may be
deemed the "beneficial owner"of such securities. The managing member of the
General Partner is Charles Fitzgerald. As the investment manager of each of
the Partnerships, the Investment Manager has the power to vote and dispose
of the securities owned by each of the Partnerships and, accordingly, may be
deemed the "beneficial owner" of such securities. The managing member of the
general partner of the Investment Manager is Charles Fitzgerald.
Charles Fitzgerald is solely responsible for investment management duties.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
CUSIP No. 88146M101 13G Page 10 of 13 Pages
Item 10. Certification.
Each of the Reporting Persons hereby makes the following certification:
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
CUSIP No. 88146M101 13G Page 11 of 13 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
DATED: January 20, 2012
/s/ Charles Fitzgerald
------------------------------------
Charles Fitzgerald
Individually;
And as managing member of:
(I) V3 Capital Advisors, LLC,
for itself and as general partner of:
(A) V3 Realty Partners, L.P.; and
(B) V3 Trading Vehicle, L.P.
(II) the general partner of V3 Capital Management, L.P.
CUSIP No. 88146M101 13G Page 12 of 13 Pages
EXHIBIT INDEX
Exhibit 1. "Joint Filing Agreement as required by Rule 13d-1(k) (1) under
the Securities Exchange Act of 1934, as amended."
CUSIP No. 88146M101 13G Page 13 of 13 Pages
Exhibit 1.
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G, shall be filed
on behalf of each of the undersigned without the necessity of filing
additional joint acquisition statements.
The undersigned acknowledge that each shall be responsible for the
timely filing of such amendments, and for the completeness and accuracy
of the information concerning him or it contained therein, but shall
not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has
reason to believe that such information is inaccurate.
DATED: January 20, 2012
/s/ Charles Fitzgerald
------------------------------------
Charles Fitzgerald
Individually;
And as managing member of:
(I) V3 Capital Advisors, LLC,
for itself and as general partner of:
(A) V3 Realty Partners, L.P.; and
(B) V3 Trading Vehicle, L.P.
(II) the general partner of V3 Capital Management, L.P.